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"The Oracle of Ontario" Maintains Certain "Conviction"


Guest ValueCarl
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Guest ValueCarl

Guru Prem Watsa, often called the “Canadian Warren Buffett” and the “Oracle of Ontario,” is founder, chairman and chief executive of Fairfax Financial Holdings based in Toronto, Canada. He is probably also the richest investment guru you have never heard of. He is widely believed to have predicted the crash of 1987; the Japanese collapse of 1990; and the 2008 meltdown, which he benefited from by investing in credit default swaps turning a $341 million bet into more than $2 billion. His net worth is estimated to be over $4 billion.

 

http://seekingalpha.com/article/273700-a-look-at-stellar-investor-prem-watsa-s-current-holdings

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Guest ValueCarl

I don't know. Wealth and its measuring stick, Net Worth, is not always all that it's cracked up to be anyway, right? It's so fleeting for each of us. What's probably more important, is the character, conduct and integrity of men, even the men storing up such temporal treasures here on Mother Earth.  ;)   

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